Richard Todd Schwartz, Chief Govt Officer of Rush Road Interactive (NYSE:RSI), reported the sale of 247,114 shares of Widespread Inventory for a complete consideration of ~$4.16 million on Feb. 17, 2026, in line with a SEC Type 4 submitting.
|
Metric |
Worth |
|---|---|
|
Shares bought (direct) |
247,114 |
|
Transaction worth |
$4.16 million |
|
Submit-transaction shares (direct) |
701,934 |
|
Submit-transaction worth (direct possession) |
$11.89 million |
Transaction worth based mostly on SEC Type 4 reported value ($16.82); post-transaction worth based mostly on Feb. 17, 2026 market shut ($16.94).
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How does the scale of this sale evaluate to Schwartz’s latest transaction historical past?
This transaction ties for Schwartz’s largest sale, during which he bought the precise variety of shares on Feb. 4. -
What proportion of Schwartz’s remaining direct holdings does this sale characterize, and the way has capability influenced latest commerce sizes?
This transaction accounted for 26.0% of Schwartz’s direct holdings instantly previous to the sale.
|
Metric |
Worth |
|---|---|
|
Income (TTM) |
$1.13 billion |
|
Internet revenue (TTM) |
$33.31 million |
|
Staff |
912 |
|
1-year value change (Feb. 28, 2026) |
48.50% |
Rush Road Interactive operates as a web based on line casino and sports activities betting firm in the US and Latin America. The corporate markets its on-line on line casino and sports activities betting companies underneath the BetRivers.com, PlaySugarHouse.com, and RushBet.co manufacturers.
In Q3 fiscal yr 2025, Rush Road had its tenth consecutive quarter of improved income, beating analysts’ income expectations by 4.3%. Many anticipated the corporate would ship one other profitable earnings report for This autumn, and on Feb. 17, 2026, it certainly did.
Quarterly income grew but once more, and annual income reached $1 billion for the primary time. Its annual earnings per share (EPS) grew roughly 973% yr over yr (YoY). The expansion is substantial in comparison with earlier years, when the corporate constantly operated at a internet revenue and EPS deficit.
Different corporations inside the on line casino and betting trade have additionally reported optimistic leads to their latest earnings experiences. This contains DraftKings (NASDAQ:DKNG), and Hasbro (NASDAQ:HAS), which is traditionally generally known as a toy producer, however in July 2025, started venturing into the web on line casino trade with a number of licensing offers.
RSI inventory rose roughly 40% in 2025, and after a robust near its fiscal yr, it seems to be poised for long-term development, particularly as the web betting trade at present booms.
Before you purchase inventory in Rush Road Interactive, take into account this:
